A Marginalistic Value for Monotonic Set Games
Yukihiko Funaki (),
Kees Hoede and
Harry Aarts
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Kees Hoede: Faculty of Applied Mathematics, University of Twente P.O. Box 217, 7500 AE Enschede, The Netherlands
Harry Aarts: Faculty of Applied Mathematics, University of Twente P.O. Box 217, 7500 AE Enschede, The Netherlands
International Journal of Game Theory, 1997, vol. 26, issue 1, 97-111
Abstract:
In this paper we characterize a value, called a marginalistic value, for monotonic set games, which can be considered to be the analog of the Shapley value for TU-games. For this characterization we use a modification of the strong monotonicity axiom of Young, but the proof is rather different from his.
Date: 1998-05-19
Note: Received November 1993
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Persistent link: https://EconPapers.repec.org/RePEc:spr:jogath:v:26:y:1997:i:1:p:97-111
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